Why Nostr? What is Njump?
2024-03-18 08:13:11
in reply to

Kathy E. Gill 🇺🇦 on Nostr: npub1g0tuf…3tvm4 I’ve long thought of capitalism as practiced in the US ...

I’ve long thought of capitalism as practiced in the US post-greed-is-good-1980s as a Ponzi scheme. When I introduced high school students to economics concepts… they all thought double-digit profit margins were the norm. They weren’t, then. 🙁

Unlimited/unrestricted growth is, in the human body, a defining characteristic of cancer. Same with our “free market” economy.

“Growth” should not be primary yardstick of a country’s economic system.
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